video1.0<iframe src="https://www.loom.com/embed/4b3d5528622a42eba2cf7e93d88a7061" frameborder="0" width="1692" height="1269" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>12691692Loomhttps://www.loom.com12691692https://cdn.loom.com/sessions/thumbnails/4b3d5528622a42eba2cf7e93d88a7061-89f8b4aa8d9a2a5c.gif350.145In this Loom, I walked through a deal I recently underwrote for a 20-unit apartment building in Nampa, built in 1975. The asking price is around $3.6 million, which seems fair based on cap rates, but there are significant concerns, including high bad debt and low utility captures. The current average rent is $1,152, while the market rate is $1,225, indicating limited upside potential. A major red flag is the lack of market constraints for new construction, which could impact our ability to raise rents. I didn't request any specific actions, but further analysis would be necessary if we consider pursuing this deal.